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tv   Varney Company  FOX Business  October 25, 2023 11:00am-12:00pm EDT

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humana. a more human way to healthcare. in a world moving toward clean energy and electric transportation. the future is in battery metals. ion energy is a driving force poised to support asia's booming battery metals supply chain. ion energy. >> delivering in the world were crafted speeches will not call the fundamental problem that the american people see him as to
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old and lacking the energy and mental acuity to do the job of a president. he is old and it shows. >> were realizing hamas is a huge problem not just for israel but the whole world what hamas has done has showed the true face and we understand extremists like that is in israel. >> is been funding iran as we know by loosening the sanctions and allowing oil exports to increase. he has himself in a lose lose situation. >> the eyes of the world have been on us instead rightly of the biden administration. i think the entire conference can rally behind mike johnson, he is a good man and a good conservative and he will have my vote. stuart: 11:00 o'clock eastern time on wednesday october 25. in one hour house republicans are expected to hold another vote for speaker, mike johnson is the candidate and expected to
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have a lot of support, does he have the boat i don't know at this point, plenty of red ink, not as bad as it was the dow is down 14-point, nasdaq holding onto 180-point decline, shall be big tech most are done with the exception of microsoft which is a $9 over 2%. apple, meta, down. look at the ten year treasury this is not helping stocks, the yield is going up eight basis points does not mean much but the ten year treasury is moving a lot closer to the 5% level, now this. at this moment america is the lone superpower. that status is being challenged. we are stretched real thin. for example military remains the most powerful in the world able to bring a norm is firepower to the middle east on short notice. what happens if china takes advantage and moves against taiwan, two iron dome
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missile-defense to israel, do we have any left, ammunition and weapons to ukraine, our stockpiles are running low the military dominance is being challenged. so is her diplomatic power our ability to make things happen using diplomacy rather than guns. our diplomacy with iran failed miserably, trying to bring back the new deal that biden bent over backwards, they lasted us, took the money and built rockets to attack israel and american soldiers. you are not a superpower if you fail to intimidate the bankrupt islamic dictatorship. what about her economic power we saw the largest economy in the world and is growing faster than any other industrial country. our future policy will be constrained by our debt. the president wants over $100 billion worth of new aid to ukraine and israel and new spending to meet domestic crises, there will be opposition because the superpower is drowning in debt.
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make no mistake our enemies are seizing the moment, the axis of evil, russia, china iran challenging or superpower status, we are stretched real thin. the third hour of "varney" starts right now. ♪ martha maccallum joins us this wednesday morning. does the american people, do the american people have the will to retain or superpower status? >> that was laid out very well in terms of the challenges that we face. what's interesting and the overall phyllis address the president laid out the axis of evil, he talked about what were facing against iran, russia and china and he did not call it that. once you do that as has been done by kevin mccarthy and mitch mcconnell, then you say it is essentially us and our allies
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against the forces. he also did not take much time explaining how we got here and clearly what has happened through hamas and ukraine is intentional. there is an intention to take this moment for their own reasons and we can speculate why this might be a good moment for all of us to happen. clearly each of the players sees it as a moment of advancement of when they can push the things that they want and for israel it is very difficult, iran wants them off the map and they're making an effort to squeeze them from the south and the north. you hear the college kids across the country talking about from the river to the sea and do they understand that that means the elimination of israel we watched peace processes over the years
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and they come down to one thing, they won't sign any agreement on the palestinian side that does not include the end of israel. that does not mean we can't keep to thoughts in her head at once that we have sympathy for the civilians who are suffering in the palestinian territory because we do. there is a reason that the acts of evil and the economic weakness, this is very intentional on the part of our enemies. stuart: a different subject what do you make of california governor newsom he is in china and that was xi jinping, what is he doing there. >> i think he wants to run for president and how could president xi see it any other way. the governor of california is coming to see me at a moment to the enormous pressure on this president, president biden with people all across the country are talking about the fact that
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he's old and is incapable of being the person in the center seat in the oval office given what we are facing right now. that is the question of the selection, whether people support him or not is he the person to take us through the next four years that will be the question that voters have to decide, history to given an alternative in china. >> did you notice president biden will not put his name on the new hampshire presidential ballot. the main reason they will tell you they don't want new hampshire to be first there reorganizing the primary set up, they want south carolina to be first the president did well in south carolina and ended his campaign the last time around terrible memory of new hampshire. he does not want to go back in the order again. in new hampshire at the state constitution to be first, recovering the primaries and waiting to find out what day that's going to be but there will be other candidates on the
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new hampshire ballot, rfk junior must be the most prominent buddies and an independent now, dean phillips at this time for president to have a new candidate, he may be on the ballot, were keeping an eye on that. stuart: thank you very much indeed were watching you at 3:0t 3:00 p.m. only on fox news. back to the market we have read inc. but it looks like the dow has gone to green and the nasdaq is down 150, more than 1%, lou basenese lease with me this morning. aztec goes so goes the bull market. >> that is gospel truth we don't get a picture family members were the stocks that determine where the market goes in the five biggest companies in the s&p 500 architect companies. we see microsoft rally on good results in alphabet falling on weak results. it's coming down to a.i. that led to re-acceleration for microsoft cloud business, the scary thing is the most love
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stock was nvidia forever and it'll have the most influence on the earning season. if we strip nvidia out from the s&p 500 earnings would decline 2.9% for versus the 5% rise it's crucial, nvidia's report november 21, a little bit later. stuart: stayed there, with me for the hour i have to move on from something else, movers, boeing is definitely moving they reported earlier this morning. >> they were up and now lower we know that they trim their full year delivery target for the 737 which is the cash cow because of the quality control issues at the supplier spirit aerosystems which is also down you get most of the payment at the time of delivery this is a big deal, how much did they trim their delivery between 25 and 50 jets, expect around 400. stuart: general dynamics has got to be doing well. >> stronger revenue for big demand for artillery and armored
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vehicles, the prophet fell on higher operating expenses. stuart: how about sun power. >> 1016 or 17% they plan to restate the financial results for all of 2022 and the first and second quarter of this year they found errors, other solar companies that you can see solar edge, club power are down also, the other issue is higher interest rate, that makes financing and home-improvement projects like solar panels on your home more expensive, they have a lot of problems. green policies are under pressure these days. the next case a very important headline from bret stephens writing in the new york times, the palestinian republic of fear and misinformation is talk about gaza and hamas, actavis, palestinian peace activists takes that on shortly. israeli forces mobilizing for the next phase of the work, trey
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yingst in southern israel has the latest from there, trey yingst is next. ♪ n personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. teeth sensitivity is so common. it immediately feels like somebody's poking directly on the nerve. i recommend sensodyne. sensodyne toothpaste goes inside the tooth and calms the nerve down. and my patients say you know doc, it really works. ♪ explore endless design possibilities. to find your personal style.
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stuart: no cease-fire but israel's military stepped up his attacks on gaza. trtrey yingst on the ground in gaza. >> good morning were on the israel gaza border in 19 days into the conflict, hamas islamic jihad have maintained their ability to fire on major population centers not just in the south but across the cou
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country, today we visited a hospital in southern israel that is fortified as mothers are delivering babies and trying to say say from the rocket fire, take a look. >> inside is a is really hospital babies are cared for in a fortified maternity ward, all born over the last day and hours, they never lived in a world not at war, from the southern city of africa, you can see the joy on his face as he hold his newborn. >> he was born one hour ago. >> the nurses and midwives working overtime with hospitals close to the gaza border no longer delivering babies amid security concerns. >> we have sirens very frequently, nobody has to move which is very reassuring also to the women coming to give birth here. originally from new jersey, his wife gave birth yesterday
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alongside his family he talks about what it was like when a rocket fired from gaza hit their home. >> we barely made into a bomb shelter in time, two hours later a rocket hitter backyard neighbor and destroyed the house completely, shrapnel hit our house, bluer windows out out of the frames a little bit. for my kids specifically going through trauma like that, having a present like this is really tremendous for them. >> a terrifying situation for somebody is really families. we are following breaking news right now out of the region, the wall street journal is reporting that the united states has pushed israel to delay the ground invasion into gaza over concerns that they will need more time to get your defense system deployed to the region to protect american troops. stuart: that is breaking news, thank you very much indeed, important stuff, on the war popping up all over the place. hilary clinton got into a heated exchange with a heckler about the war, will happen.
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>> hilary clinton was discussing human rights during the discussion at columbia university when a heckler demanded that she comment on president biden's warmongering oval office speech, watch this. >> president joe biden calling for $100 billion for funding for israel, taiwan and ukraine and were supposed to bundle these together and pretend like we get a rush world war iii. >> this is not the way to have a conversation. if you want to have a conversation you are welcome to come talk to me afterward. >> the president is not speaking for the american people. >> that is your opinion. >> sit down, we heard your opinion. >> we heard it, if you can imagine the man shut down clinton saying he was going to
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exercise his free speech to which hilary clinton responded it is not free-speech when you're disrupting everybody else opportunity to speak. stuart: thank you, another look at the headline written by bret stephens, new york times columnist, the palestinian republic of fear and misinformation he's talking about gaza and about hamas. a palestinian peace activists and he joins me now. stephen says you cannot believe anything that hamas says, that is in the new york times, do you agree with that. >> that's not really a secret, i think everybody around the world knows that very well and i think hamas in the palestinian government in the gaza strip under control and hamas is the one that is ordering what to publish and what not to publish which means the older palestinian journalist in gaza are under a self-censorship.
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stuart: you are a palestinian peace activists, i believe you want to crush hamas can you tell us how we would do that. >> i really hope and i believe most of the people in gaza are also hoping so. i think with the military equipment today i believe that one day i hope we will wake up and hamas will never be on the map. stuart: has to be done by a ground invasion, correct? >> i'm not quite sure it's going to happen but in the meantime it's much better to call the people to move from one side to the other side because if there is a ground invasion to the north at least the north right
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now is empty from human beings. stuart: israel would lose the public relations war by shifting a million or 2 million people out of their homes and devastated the area, they would lose the public relations war, would they not? >> i think the major problem is hamas itself rather than anybody else. i think the massacre that the hamas community in israel will never be forgotten. i believe that hamas in the past 16 years there using 2 million people as hostages and what hamas provided to the people in the past 16 years is only misery and destruction. stuart: how many other palestinians feel the same way as you. >> most of the palestinians feel
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the same but the problem is the first question we started with the everybody is scared from speaking loud to express about the situation. stuart: thank you very much for expressing your opinion on this program. we value it. thank you for being with us. >> all the best to you. stuart: thank you. much appreciated. this is a market check the dow is up 70, the nasdaq and 170 points the state to play on wall street this morning. coming up one restaurant in georgia taking action against parents who let their kids run riot while eat a bad parenting surcharge to the menu. there is a story, the war on israel many jewish americans flocking to gun stores, they want to learn gun safety as anti-semitism surges. jason rantz on that next.
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stuart: on the market we have the dow up to near 40 points, look at the nasdaq go down off of 200 points, big tech not
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doing well, show me meta they report this afternoon "after the bell", walking up to the report down 2%, $6, $306 a share, lou basenese nieces with me, he does not like meta. >> i never like meta even when it became public. this is like liking big tobacco you don't hear anyone rattling the cages saying go buy it because they sell something that is physically harmful, meta cells something that is mentally harmful and we know this. >> to who. >> teenagers we know it from the facebook papers from sept september 2, 0211 and 3 girls have body images because of social media, as a father of $2 i avoid it. stuart: how to control it. >> you have to be an active parent we talked about this before. >> you punish the platform,
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section 230 the communication act make them responsible for the content on there, this goes beyond content algorithms that are influencing behavior whether on tiktok or meta platform to keep kids addicted to it, we know this this is the latest suit and if you look back at the history of meta, zuckerberg does not care about anything except price under profits he violated privacy against users, you are the product on the platform, it's a principal more investors should wake up and say we should put money blindly behind something that we know is harmful we did not do it for big tobacco why would we do it through social media i don't think there's an exception. >> what are you going to say about microsoft, that is my stock. >> is a great stock, this is a sweetheart that got away i don't know if you remember the beginning of the year and you asked me very poignantly what level would you buy the stock and i said i want to see down to 200 and i missed it by $20 and is been on a tear rightfully so, the re-accelerating the cloud revenue based upon a.i., this is a trend that will continue if you look alphabet facing the opposite. stuart: it is a cloud and a.i. stock.
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>> i agree cloud and a.i. a.i. is an extension of cloud everything that will happen on the cloud it is just a software interface. i think microsoft is the smartest and potentially safest way to play a.i. stuart: you can jump in only $338 a share. >> you somebody i can borrow. stuart: we will talk. a new report claims jewish americans are not feeling safe, many gun taking gun training lessons. [crowd boos] is there something new in the jewish community buying guns. >> it is something new, when you think about american jews in particular they generally vote liberal there generally democrats and democrats generally hold a view that is anti-gun and american jews are liberal with no different view, all the sunday walk up to the fact that there are benefits of gun rights, unfortunately the terrorist attack in israel for them to understand the perspective of folks like me and other conservatives who do in fact value gun rights.
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if i didn't already own a firearm i would be first in line after seeing what we've been seen on the streets of this country and college campuses today especially even more walkouts being planned to celebrate hamas and callout israel, think it's a dangerous time to be a jew right now in this country. stuart: i'm going to change the subject i been reading a lot of stories about nightmare tenants in seattle they rent an apartment and you cannot get them out for anything. tell me the story. >> i had a listener reach out to me several months ago he basically had a property that he put on the market because he wanted to provide affordable housing so he gets the tenant who almost immediately said he was no longer able to pay the rent, despite trying to work with this guy he stopped responding according to the landlord but the landlord finds out that his property was put on airbnb, the guy is throwing parties and posting them on
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instagram it's all really weird and unfortunately the landlord has not been able to get the tenant to be taken out of the home and get his property back to the point where the landlord himself finds himself homeless, the system in washington state and seattle and if it's at the expense of all the lords every single tenant, they presume the every single tenant is a good guy and they're a victim of a greedy landlord, obviously cases prove the opposite, the courts are not hearing more than a handful of these cases, every single month whenever tenant goes up all they have to do is say i like free representation so they get paid representation by the city or the county and then they get a continuance so the court case is pushed five or six months down the road which is in clear violation of state law this is supposed to be expedited but they're doing it anyway. at the exact same time you have enough sheriff deputies to serve the ritz to the tenants to get them to go to court in the first place.
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i've been talking to other landlords beyond this one telling me basically that a quarter of the rental markets on the market right now have decided to take them completely off the market or just sell and go to another county because they're sick and tired of having their investments be treated like this and they don't want to be treated like the bad guys. stuart: a dose of reality from jason rantz, keep coming with the good stories we like the stuff. now this. have you ever been to a restaurant where there are children running around everywhere yelling and screaming and ruining a meal, one restaurant georgia may charge the parents a bad parenting fee. i'm not sure what to think about this, give us a story. >> as a father of four we have all been there haven't we, the toccoa riverside restaurant in blue ridge mountains of northern georgia making it clear that children must behave or the parents will have to pay up, as you can see on the screen a bad
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parenting fee reads bluntly adult surcharge for adults unable to parent with 3-dollar signs the restaurant has been charging the fee apparently for some time but a photo of the surcharge on social media ignited very heated discussion. several upset diners have left poor google reviews claiming to be recipients of the bad. team fee, one father said the owner added $50 to the bill because of his children's behavior and he said they were badly behaved but despite all of the complaints, the restaurant has a rating of 4.1 stars for more than 2000 google reviews, yes it is frustrated with kids running around but is this a step too far, i think so. stuart: you have no right to ruin the meals of people paying good money while your kids run around crazy. >> this is a tourist town in the blue ridge mountains in northern georgia there is always good to be a lot of families.
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again it's owner's prerogative. >> hold on a second, lou when my kids acted up at a restaurant, i took them out immediately, they don't make any noise. >> i think that's a change of denigration it is better to be feared than loved if he can be both. nowadays we have gentle parenting where we want to have conversations, i'm a father first your friend second. if my kids act up i have to give them the look and they knew they were going out the door next read i don't know about the fee. i have teenagers i think my son would do a prank and act out on purpose to see if he could run up the bill. >> a related subject. a college graduate who started her first job broke down in tears over her crazy schedule what were her hours in what was a crazy schedule. >> a terrible despicable nine to five can you imagine awful the college graduate from new jersey
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overwhelmed not only by the work schedule but her commute. watch this. >> this is my first nine to five job after college and i'm in person and commuting in the city and it takes me [bleep] forever to get there. i don't have time to do anything. i want to shower, eat my dinner and go to sleep i don't have time or energy to cook my dinner. the nine to five schedule in general is crazy. being in the office nine to five i get off and it's pitch black i don't have energy how do you have friends, i don't have time for anything. >> crimea river critics jumped in saying you could always quit and join the military while someone else said imagine having kids to come home to after all that, good point but also empathy one person saying five days of work in two days off feels like hell and another suggested this is what we do,
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gen z needs to move up into management positions and collectively enforce a four day work week. the young woman said she had no option but to move to new jersey, i'm in tears telling you for the new york-based job because she cannot afford the rent prices in the city. welcome to the real world young lady. stuart: a quick comment on snowflakes. >> nothing that could possibly offend us, we just have to realize this is reality welcome to having responsibility and pay your own way and not have mom and dad do it i don't feel any sympathy, i think we work multiple jobs come from beginning and it's a rite of passage. stuart: you cruel, wicked people come up with the camera on me. border agents have seen more than 23000 known got a ways just this month alone it is sounding the alarm on a bigger issue, the number of unknown got a ways crossing into the u.s. casey stegall has the latest from texas after this.
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>> border agents have reported 23000 known got a ways just this month alone. casey stegall is with us. what about the number of people not getting caught, what do you got. >> your exactly right, that is why the number is likely much higher and no rest for the weary for those out on the front line of the southern border crisis, check out the wild video from texas dps shows a multi agency chase where law enforcement once again attempting to stop a suspected smuggler, this happened in kinney county texas reaching speeds of up to 90 miles per hour and you can see the vehicle nearly strikes a school bus, troopers initiated a
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pit maneuver ramming the car successfully bringing the chase to an end, the driver into illegal immigrants were arrested this as cbp officials tell fox since the beginning of october more than 23000 known got a ways have been logged, there were more than 1.7 million for all fiscal year 2023. remember these are people who successfully invade law enforcement and disappear into the countries interior. >> that is raising concerns you don't know what action or behavior the individual is involved with and what the intent is behind it these are individuals actively seeking were trying to evade undetected into the country. >> national security concerns, yesterday the texas attorney general filed a lawsuit against cbp and dhs accusing border patrol agents of cutting sections of razor wire that has
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been installed by the state of texas and heavily trafficked areas the suit claims the fed is not destroying state property but say that there also disrupting texas border security efforts while the federal government is failing to uphold it. stuart: we hear you, thank you very much indeed, who do new yorkers blame for the migrant crisis. >> interestingly overwhelming majority blame president biden for letting them i prices spiral out of control the siena college survey found 84% believe the influx of migraines is a serious problem, 57% describing very serious. two thirds, 64% disapprove of the biden administration handling of the migrant crisis in new york and only 29% approve. the latest pulse adjusting the crisis at the southern border is
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dragging down joe biden's popularity even in new york the majority of democrat voters say they want a nominee other than joe biden to be the parties bear for president. it is having an impact on the sentiment. stuart: it sure is ouch. show me the dell 30 as sense of the market more sellers than buyers but the dow is up 70 points, 33200. secretary of state anthony blinken has a warning to iran attack u.s. personnel and we will not hesitate to respond. watch this. >> if iran or its proxies attack u.s. personnel anywhere make no mistake we will defend our people, we will defend our security swiftie and decisively. my next guest fled avian when she was a teenager.
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stuart: college students across the country organizing anti-israel walkouts today. lydia hu is at nyu where one of the demonstrations will be held. who is behind the walkouts. >> students for justice in palestine were asked jp there calling for an end to what they say a u.s. back siege on gaza tracking shows 2 200 and chaptes in its confrontational and disruptive to student run pro israel events according to the anti-defamation league, you may remember in the wake of hamas attack on israel it was asked jp that issued the statement calling the attacks ahistorical win for the palestinian resistance, they went on to say to the student members we have an unshakable responsibility to join the call for mass mobilization.
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>> we are seen as jp active in recent weeks as never before but of course is organization has been growing and expanding. >> lawmakers like senator josh h hawley and how they are funded. holly has submitted an investigation as dozens of jewish groups call on universities to withdraw recognition of as jp chapters for the governor and republican candidate ron desantis ordered yesterday that as jp chapters and four to be disbanded there are two but the chancellor of the university system said that student groups can reorganize if they comply with university policy. we reached out to students for justice in palestine for comment, we did not receive any type of response. we are here near nyu waiting for this massive walkout to happen among students scheduled for 1:00 p.m. today. stuart: thank you very much. a student at george washington
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law school and she joins me now. anti-israel protester going on at college campuses all over the country. what is it like it george washington law. >> every time i walk around george washington university campus i see students covering their faces, waving flags and it's very disturbing to me personally because first of all the not really pro-palestinian, when you talk to them they say is released deserve to be killed, that is unacceptable. on the other hand we see campus administrators, professors actually allow them to go out and protest. on the other hand if students like myself who have lived in the region and have experienced islamic extremism we share stories about authoritarianism and they will shut us and because we sound islamophobic. but on the other hand it is okay when students are actively calling for terrorism.
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stuart: anthony blinken warned iran attack u.s. personnel and we will not hesitate to respond, watch this, rotate. >> the united states does not see conflict with adrienne. we do not want this war to widen. but if iran or its proxies attack u.s. personnel anywhere, make no mistake we will defend our people, we will defend our security swiftie and decisively. stuart: you fled iran as a teenager. how do you feel about taking a hard line on iran going after as opposed to appeasing them, is that what you want. >> islamic republic of iran is not a friendly government to humankind, the past 40 years they have oppressed iranian people. now we see their supporting terrorist groups like hamas and hezbollah. what is very disturbing that my classmates at george washington university law school do not make the connection, they use
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the word freedom f fighter interest interchangeably but is clear with the support from hamas is coming from is coming from the government that many years fought the liberal values that the social justice will years on campuses thank that they are supporting by supporting palestine although there actually supporting terrorist groups. stuart: you fled iran as a teenager a few years ago were you pushed out were your parents and you pushed out. >> he came to the united states because i wanted to seek the american dream. obviously was not comfortable being an outspoken teenager who believed in free market in liberty and therefore i decided to come to the united states so i can actually appreciate my inherent right as a human being to be free and i think it is very ironic that many american students is on college campus do not value what they have. i think that's why it's important that we continue education on the values that we
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hold very dear. for example i travel across the country and i speak to high school students about living under the islamic republic. what you see on campus as a result of years of indoctrination by academia and also ignorance that has not perpetuated and students do not understand the historical context of the conflict that is going on in the region. >> thank you for being with us, we want a true and accurate picture of what is going on and you gave it to us were much obliged. thank you. remember we told you about the cornell professor that called the hamas attack exhilarating and energizing. i need an update on him. >> i got one russell is on leave of absence until the end of the semester the associate professor of history refused to walk back the statements but the professor later apologized for the horrible choice of words admitting they were
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reprehensible into students were then told he would no longer be teaching this semester. according to change.org petition demanding more from his termination has gained 11000 signatures and noting among those that called for the teachers resignation our democrat u.s. senator kirsten gillibrand of new york and republican claudia tenney of new york. the statement signed by cornell president and the board of trustees chairman condemn his remarks. at first he did not want to walk them back. stuart: he did eventually. here it is the wednesday trivia question the most ridiculous we've ever put on the screen how many pieces of candy corn are produced each year and why should we care 3 billion, 6 billion, 9 billion, 12 billion. i know you have to guess. we'll have a good guess and tell you the real answer afterwards.
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humana - a more human way to healthcare. stuart: now, i know our producers disagree we me, but this really is the most ridiculous question we've ever asked on the trivia section. how many pieces of candy corn are produced each year, 3, 6, 9, 12 billion? show he some video of this stuff, headache sure i've got it right. -- headache sure i've got it right.
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what's it look like? that's it. awful i stuff. how many pieces are produced each year? ashley? ashley: wow. you are really hating this question, aren't you? ooh i'm going to go with 9 billion, number three. stuart: any reason why? ashley: i don't know. [laughter] i'm saying -- i'm thinking 12, but i went with 9. stuart: at least you're honest. lieu bass niece. >> i don't carry about candy corn, but i'm going to go with 6 billion, because that's fewer than people on earth. stuart: i'm going to go with 3 billion on the grounds that we're expecting -- oh, no, it's not, it's the 9 billion. that's about 35 million pounds of candy corn. okay. we're done. lou, thanks for sticking around. ashley, thank you very much for being with us, as always. ashley: you're welcome. stuart: "varney & company" is done. "coast to coast" will start with candy corn coming now. [laughter]

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